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27 June 2018 | 3 replies
As far as access to capital, if you search enough I believe you can find the financing you need.
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20 June 2018 | 3 replies
I have used several of the most common beginner strategies in order to acquire real estate and grow my portfolio.
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25 June 2018 | 8 replies
-Check and see if there is an easement on an adjacent property for a future driveway access to your landlocked property-If there is not, ask your neighbors nicely if you can add a driveway access to your property on theirs-Try to sell the land to an adjacent owner
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29 June 2018 | 11 replies
I have been acquiring properties for three years now ( 7 doors ) and just put under contract two more properties.
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21 June 2018 | 11 replies
However, if the attic is accessible on its own and is set up for heat, then it should be able to be counted as a 3rd bedroom.
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25 June 2018 | 13 replies
I've got a potential Opportunity to acquire a property with no money down.
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27 June 2018 | 13 replies
I took one on my primary residence, paid no origination fees, and make no payments on it unless I use it, and only pay $70/yr maintenance fee, so if I never touch it over the life of the HELOC (10 years) I'm only out a total $700 in 10 years, which I think is reasonable for the access to the cash.
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20 June 2018 | 0 replies
Listing Price:$ 99,990Down Payment: 20% ($19,980) Closing cost: $5,100Loan balance: $79,920 @ 5% for 30 year termEXPENSES (Monthly):Principal & Interest: $ 429Vacancy $40Water/Sewage: $0Taxes $212Insurance $76.50Utilities: $0Management $144Maintenance $24Trash $0CAPEX $172.80TOTAL : $1,098INCOME (Monthly):Rent 1 bed 1 bath $800 (occupied on 1 year Lease)Rent 1 bed 1 bath $800 (occupied section 8 for past 10 years)TOTAL: $1,600I plan to offer about $87K to sweeten up my cash flow, considering they have already dropped the price before and seller is motivated due to acquiring this property from a deceased family member.
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21 June 2018 | 5 replies
I WAS THINKING THE BRRRR PLAN BUT IF NOT USING THAT HOW DOES SOMEONE GO ABOUT ACQUIRING THE SECOND HOME IF THERE IS A MORTGAGE ON THE FIRST HOME WITHOUT REFINANCING FOR THE EXTRA MONEY FOR THE SECOND HOME.
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27 August 2018 | 9 replies
- How accessible is the syndicator?